The latest report from Global Info Research suggests that the global craft vodkamarket is set to witness a period of uninterrupted growth from 2019-2024. The vibrant Craft Vodka market is expected to post a Compound Annual Growth Rate (CAGR) of 30% by the end of 2024.

The primary factor fueling this upward trend is the enhanced participation of distillers worldwide. This has led to a greater availability of Craft Vodka across the globe. Innovation in the industry is also expected to provide steady growth in a perpetually changing business landscape.

A thorough, segment-wise analysis of the market has been conducted by Global Info Research which classifies the Craft Vodka Industry based on distiller type (small distiller, medium distiller, and large distiller) and geographical location (Asia Pacific, Middle-East, North America, South America, and Europe). The report also suggests that customers in geographical locations worldwide prefer Craft Vodka originating from particular regions. For example, consumers in the United States were more inclined towards purchasing Vodka distilled in Poland.

Regional Analysis

A comprehensive region-wise analysis also features in the report by Global Info Research . Market trends across regions are further classified on the basis of countries. North America, Asia-Pacific includes countries such as China, India, Japan, Korea and Australia. Major Players in the Middle-East are Egypt, UAE, and Bahrain.The biggest contributor to growth in the Craft Vodka industry will be North America, owing largely to new product launches and an absolute increase in the number of distillers.